London Capital Group Holdings PLC Subscription and Issue of Equity (4998P)
17 Novembro 2016 - 1:22PM
UK Regulatory
TIDMLCG
RNS Number : 4998P
London Capital Group Holdings PLC
17 November 2016
17 November 2016
LONDON CAPITAL GROUP HOLDINGS PLC
("London Capital Group", "LCG", the "Company" or the
"Group")
Subscription and issue of equity
London Capital Group is pleased to announce a subscription (the
"Subscription") for 5,000,000 new ordinary shares ("Ordinary
Shares") in LCG (the "First New Shares") by Stanislas Wawrinka at a
subscription price of 5p per First New Share, amounting in
aggregate to GBP250,000. This Subscription is part of an overall
sponsorship arrangement under which Mr Wawrinka is investing in
London Capital Group and endorsing its services. The consideration
for the First New Shares has been provided by the Company as part
of LCG's sponsorship arrangement with Mr Wawrinka.
Mr Wawrinka is the world No.3 ranked tennis player and a
three-time Grand Slam tournament winner. Mr Wawrinka said: "I am
overjoyed to have partnered with a globally recognised name like
LCG. They have put their full confidence behind me and I'm very
excited to work with them as I start this new phase of my
career".
The Company also announces the issue of 2,903,120 new Ordinary
Shares (the "Second New Shares", and together with the First New
Shares, the "New Shares") to Peterhouse Corporate Finance Limited
to settle outstanding fees due from the Company to Peterhouse
Corporate Finance Limited.
The New Shares will rank pari passu with the existing Ordinary
Shares.
Application has been made to the London Stock Exchange for the
New Shares to be admitted to trading on AIM. Admission of the New
Shares is expected to become effective on 18 November 2016.
At Admission, the issued share capital of the Company will
comprise 380,531,519 Ordinary Shares, of which 1,000,000 Ordinary
Shares are held in treasury. The total number of voting rights in
the Company will therefore be 379,531,519. This figure may be used
by shareholders as the denominator to determine if they are
required to notify their interests in, or a change to their
interest in, the Group under the Disclosure and Transparency
Rules.
For further information, please contact:
London Capital Group Holdings plc
Simon Hooks, General Counsel and Company Secretary
+44 (0)20 7456 7008
Allenby Capital Limited (Nominated Adviser and Broker)
John Depasquale / Nick Naylor
+44 (0)20 3328 5656
Notes for Editors
About London Capital Group (http://ir.lcg.com)
London Capital Group Holdings plc (hereafter "LCGH plc" or "LCG"
or "London Capital Group" or "the Group") is a financial services
company offering online trading services.
London Capital Group Limited ("LCG Ltd"), a wholly-owned trading
subsidiary of LCGH plc, is authorised and regulated by the
Financial Conduct Authority. Its core activity is the provision of
spread betting and CFD products on the financial markets to retail
clients under the trading names Capital Spreads, Capital CFDs and
LCG MT. Its other division provides online foreign exchange trading
services. LCG Ltd has a European passport and is a member of the
London Stock Exchange. LCG Ltd also has access to international
markets through its global clearing relationships.
LCGH plc is quoted on the London Stock Exchange's AIM market.
LCG is included in the General Financial sector (8770) and
Speciality Finance sub sector (8775) and has a RIC code of
LCG.L.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 17, 2016 10:22 ET (15:22 GMT)
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